The global Expanded Polystyrene market size is expected to reach USD 14.88 Billion in 2030 and register a revenue CAGR of 4.6% over the forecast period, according to a latest report by Reports and Data. Rising demand for expanded polystyrene in the construction industry and increasing adoption of expanded polystyrene for electronic packaging products are expected to drive market revenue growth during the forecast period. Increasing adoption of expanded polystyrene for its decorative and imaginative appearance is expected to boost the growth of the expanded polystyrene market in the near future. Expanded polystyrene can enhance structural integrity and aesthetic design on the floors and walls, increasing demand for expanded polystyrene. Increasing demand for expanded polystyrene due to low maintenance, long shelf life, and fast and economical construction is another factor increasing its adoption, which is expected to propel the revenue growth of the market in the near future.
Leading Players– Arkema S.A, Alpek, S.A.B de C.V, S.A.B de C.V, BASF SE, Evonik Industries AG, Styro Limited, Kaneka Corporation, Nova Chemical Corporation, Saudi Basic Industries Corporation, TotalEnergies SE, and Epsilyte LLC.
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Product Type Outlook (Revenue, USD Billion; Volume; Kilo Tons; 2019-2030)
Application Outlook (Revenue, USD Billion; Volume; Kilo Tons; 2019-2030)
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